Call reports 2014
AVON CO-OPERATIVE BANK — 2014
What AVON CO-OPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 73,785,000 | 79,878,000 | 81,701,000 | 82,276,000 |
| Total loans | 54,657,000 | 60,938,000 | 63,101,000 | 63,455,000 |
| Allowance for loan losses | 214,000 | 234,000 | 236,000 | 228,000 |
| Securities available for sale | 14,621,000 | 12,759,000 | 13,305,000 | 13,162,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,838,000 | 65,708,000 | 68,237,000 | 70,486,000 |
| Interest-bearing deposits | 59,405,000 | 63,187,000 | 65,186,000 | 67,768,000 |
| Noninterest-bearing deposits | 2,433,000 | 2,521,000 | 3,051,000 | 2,718,000 |
| Equity capital | 8,673,000 | 8,736,000 | 8,812,000 | 8,936,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 639,000 | 1,286,000 | 1,949,000 | 2,613,000 |
| Interest expense | 122,000 | 248,000 | 392,000 | 544,000 |
| Net interest income | 517,000 | 1,038,000 | 1,557,000 | 2,069,000 |
| Noninterest income | 26,000 | 58,000 | 90,000 | 165,000 |
| Noninterest expense | 509,000 | 1,014,000 | 1,482,000 | 1,978,000 |
| Provision for loan losses | 0 | 21,000 | 29,000 | 29,000 |
| Pretax income | 34,000 | 116,000 | 196,000 | 287,000 |
| Income tax | -6,000 | -17,000 | -4,000 | 7,000 |
| Net income | 40,000 | 133,000 | 200,000 | 280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,540,000 | 8,633,000 | 8,699,000 | 8,780,000 |
| Total capital | 8,809,000 | 8,922,000 | 8,991,000 | 9,064,000 |
| Risk-weighted assets | 35,870,000 | 39,374,000 | 40,482,000 | 40,461,000 |